Zynga Stock Soars After $12.7 Billion Takeover Bid From Take-Two Interactive

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The Street

By Martin Baccardax Grand Theft Auto maker Take-Two will pay $9.86 per share for Zynga in a deal that values the social gaming group at around $12.7 billion. Take-Two Interactive (TTWO) – Get Take-Two Interactive Software, Inc. Report said Monday it will buy Zynga (ZNGA) – Get Zynga Inc. Class A Report in a $12.7 billion deal that combines the maker of video game hits such as Grand Theft Auto and NBA 2k with the leading developer of mobile and social gaming network platforms. The all-stock deal values Zynga at $9.68 per share, the companies said, and pegs the San Francisco-based group’s enterp…

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